If Apple was going to appeal, they’d tell the good judge and VHC to fuck themselves and permit the judge to pass judgement. The whole holiday sales request is a bunch of horseshit. Why would the judge need updated sales figures from the largest company in the world, scheduled to report over $54 billion in sales THIS QUARTER?
This is simply a way to give Apple more time to agree to a settlement.
The judge would not have done this if he felt the Apple attorneys were insincere. He can only be doing this, granting them a stay of execution, because the good folks over at Apple have convinced him that they are serious about reaching a settlement agreement.
Mark my words, this is a watershed moment for VHC. After Apple settles, all other ducks will fall in line. From CSCO to Samsung, settlements and licensing deals will be snatched, like a gold chain in Harlem.
As for the trading in the stock: atrocious. I don’t like whining about manipulation because it makes you look crazy. But this stock is being walked down on 100 share orders all day long. There isn’t any real volume, all phantom.
I’ll be buying more tomorrow and on any dips. However, I’m fairly confident that after people get a chance to digest what just happened and what the implications might mean for VHC, this stock is heading back up again, right through its all-time highs.If you enjoy the content at iBankCoin, please follow us on Twitter